Pharmacy Buyer - Medical Network

Cedars-Sinai Medical Center•Beverly Hills, CA

2d•Onsite

About The Position

The Pharmacy Buyer at the Cedars-Sinai Medical Network in Beverly Hills, California is responsible for negotiating and procuring medications and supplies from appropriate vendors and ensuring proper storage to maintain their quality and integrity. The incumbent performs inventory management activities that ensure adequate stocks of medications, minimizing waste, purchasing contract compliance, timely processing of invoices, effective cost management, and compliance with laws and regulations.

Requirements

California Pharmacy Technician required
Minimum 2 years experience as a pharmacy buyer in a health care facility is preferred.

Nice To Haves

Bachelor's Degree preferred

Responsibilities

Procures medications from wholesaler and manufacturer based on established or projected inventory needs
Investigates vendor qualifications to assure adequate service
Negotiates with pharmaceutical vendors price, specifications, product information, availability, deliveries, services and other related matters
Investigates opportunities for lowering drug expenses
Prepare “actual purchase” reports for Director
Notifies the Executive Director/Manager of any item with significant price and/or usage increase
Tracks the amount of credit received from the expired drugs
Provides information on addition and/or deletion of drug items to maintain formulary update in Pyxis
Inform Executive Director/Manager of any potential drug shortage items
Recommends to Executive Director/Manager product deletion due to low usage or product standardization
Coordinates the ordering, receiving, unpacking and storing of pharmaceuticals and supplies in appropriate locations and under proper storage condition
Returns and receives credit for outdated and damaged merchandise
Processes and arranges for final disposition of unusable medication and supply inventory from outdates, recalls, discontinuations through manufacturers, wholesalers and related parties
Manages recalls immediately upon receipt
Verifies accuracy of medications received including quantities, pricing, drug selection and conducts follow-up when problems are identified
Prepares purchase orders (Peoplesoft) indicating vendor, items purchased, quantities purchased, pricing and terms and conditions
Assists in setting inventory par levels necessary to meet patient needs in regards to historical usage, clinical reviews of patient mix and disease states, and financial parameters
Audits reports for discrepancies with drug supply and distribution
Provides purchasing information to staff and appropriate parties in regards to drugs on back order status and discontinued drugs
Review invoices for accuracy and assures timely payment
Prepare invoices for Executive Director/Manager and maintain records
Performs weekly audits on wholesaler invoices to assure that the Medical Center is billed at the correct contract price
Provides staff with education, training and support regarding medication process and the completion of the injectable medication referral form
Establishes policies and procedures for inventory management, purchasing and receiving
Analyzes contract proposal and provides recommendations to the Executive Director/Manager
Assist Executive Director/Manager in new account setup for various pharmacies
Collects data to document cost savings and reports results to Executive Director/Manager
Monitors purchasing statistics (e.g. inventory turns, positive and negative inventory events)
Prepares and submits reports detailing wholesaler, cost and medication history purchasing data
Maintains Master Injectable Fee Ticket by providing accurate cost per billing unit for all stocked injectables